MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-01-0053310
Varmd Impex India Private Limited - plastics in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹17.83 Cr
▼ 5% YoY
Net profit · FY 2025
₹78.72 Lakh
Net margin 4.4%
EBITDA · FY 2025
₹1.36 Cr
EBITDA margin 7.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹70.16 Lakh
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
7
Provident fund records
About Varmd Impex India Private Limited
Data last updated:
Varmd Impex India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 23 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24302GJ2016PTC093459. Its GSTIN is 24AAFCV5755K1ZX (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Rajashekhar Shanmukhappa Shettar and Shivam Rajshekhar Shettar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.83 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹78.72 Lakh (net margin 4.4%) and EBITDA of ₹1.36 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70.16 Lakh on record.
Varmd Impex India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0053310). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmd.com.
Company details
CIN U24302GJ2016PTC093459
Registration Number 093459
Incorporation Date 23 August 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-01-0053310
Key People
Rajashekhar Shanmukhappa Shettar Director Shivam Rajshekhar Shettar Director Ambrish Kumar Tripathi Director Recognitions & Rankings of Varmd Impex India
Contact details
Varmd Impex India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is varmd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor – A 406 Times Square Arcade – II Nr. Avalon Hotel Opp. Mann Party Plot, Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryPlastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
To see the full contact details of Varmd Impex India Private Limited, buy the company report.
Comprehensive company report
Varmd Impex India Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Varmd Impex India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Varmd Impex India Private Limited, buy the company report.
Financials of Varmd Impex India Private Limited
FY 2025 filings availableVarmd Impex India Private Limited reported revenue of ₹17.83 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹17.83 Cr ▼ 5%
Net profit · FY 2025
₹78.72 Lakh margin 4.4%
EBITDA · FY 2025
₹1.36 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 336%
3 years · compounded
▲ 80%
5 years · compounded
▲ 34%
Revenue fell 5% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 336% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Varmd Impex India Private Limited, buy the company report.
Board of directors of Varmd Impex India Private Limited
Varmd Impex India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajashekhar Shanmukhappa Shettar Also directs: Clay and Kiln LLP, Coral Gold Tiles Private Limited, Stellar Ceramics Private Limited and 1 more | Director | 23 Aug 2016 | 10 Years 2 Months | Current |
| Shivam Rajshekhar Shettar Also directs: Clay and Kiln LLP | Director | 04 Feb 2019 | 7 Years 8 Months | Current |
| Ambrish Kumar Tripathi Also directs: Orgulous International LLP | Director | 23 Aug 2016 | 10 Years 2 Months | Current |
Peer comparison
Varmd Impex India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Plenty Plastics Private Limited | ₹17.89 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| PRS Tyres Private Limited | ₹17.87 Cr (FY 2024) | -4.0% | Namakkal, Tamil Nadu, India | |||
| Dream Polypack Private Limited | ₹17.87 Cr (FY 2024) | -7.0% | Kolkata, West Bengal, India | |||
| F L B Engineers Private Limited | ₹17.85 Cr (FY 2024) | 15.0% | Aurangabad, Maharashtra, India | |||
| Sangam Prefab Concrete Products Private Limited | ₹17.85 Cr (FY 2025) | 27.0% | Falakata, West Bengal, India | |||
| Varmd Impex India Private Limitedthis company | ₹17.83 Cr (FY 2025) | ₹78.72 Lakh | 4.4% | -5.0% | 7 | Ahmedabad, Gujarat, India |
| Ramkishan Packaging Private Limited | ₹17.82 Cr (FY 2025) | 35.0% | Dankuni, West Bengal, India | |||
| Lohia Jute Press Pvt Ltd | ₹17.82 Cr (FY 2025) | -9.0% | Kolkata, West Bengal, India | |||
| Raj Plasticblends Private Limited | ₹17.81 Cr (FY 2023) | 4.0% | Pithampur, Madhya Pradesh, India | |||
| A H Plastics Private Limited | ₹17.8 Cr (FY 2024) | -14.0% | Hardwar, Uttarakhand, India | |||
| Lasa Cera Private Limited | ₹17.79 Cr (FY 2025) | -15.0% | Morbi, Gujarat, India |
To see the full peer comparison of Varmd Impex India Private Limited, buy the company report.
Auditor
Varmd Impex India Private Limited is audited by J U Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J U Shah & Co. | FY 2023 | 129209W |
Shareholding
The shareholding of Varmd Impex India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varmd Impex India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70.16 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2022 | 100555306 | Hdfc Bank Limited | ₹5.5 Lakh | Open | |
| 29 Nov 2018 | 100220244 | Axis Bank Limited | ₹64.66 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Varmd Impex India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Varmd Impex India Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 25 overdue payments to 20 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 20)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Oscar Ceramics | |||
| an individual supplier | |||
| Sukaso Ceracolors Private Limited | |||
| Diamond Stone Industries | |||
| Solizo Vitrified Private Limited |
To see the full MSME payment records of Varmd Impex India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Varmd Impex India Private Limited has a workforce of 7 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
7
Active EPFO establishments
1
GST
Varmd Impex India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV5755K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varmd Impex India Private Limited, buy the company report.
Recent activity
Varmd Impex India Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Mesha Ankit Shah ceased to be Director on 31 Jul 2021.
AGM
Varmd Impex India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Varmd Impex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.50 Lakh with Charge ID 100555306 was registered on 21 Feb 2022.
Ceased
Mesha Ankit Shah ceased to be Director.
Ceased
Shivam Rajshekhar Shettar ceased to be Additional Director.
Appointed
Shivam Rajshekhar Shettar was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 64.66 Lakh with Charge ID 100220244 was registered on 29 Nov 2018.
Appointed
Ambrish Kumar Tripathi was appointed as Director.
Appointed
Rajashekhar Shanmukhappa Shettar was appointed as Director.
Incorporation
23 Aug 2016
Varmd Impex India Private Limited was registered on 23 Aug 2016 with Roc Ahmedabad & aged 10 years 2 months as per MCA records.
Frequently asked questions
Varmd Impex India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 23 August 2016 (10+ years old) and is registered under CIN U24302GJ2016PTC093459.
Varmd Impex India has 3 current directors:
- Rajashekhar Shanmukhappa Shettar - Director
- Shivam Rajshekhar Shettar - Director
- Ambrish Kumar Tripathi - Director
The latest financial statements of Varmd Impex India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Varmd Impex India is 24AAFCV5755K1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Varmd Impex India is U24302GJ2016PTC093459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varmd Impex India was incorporated on 23 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varmd Impex India by revenue are Plenty Plastics Private Limited, PRS Tyres Private Limited, Dream Polypack Private Limited, F L B Engineers Private Limited, Sangam Prefab Concrete Products Private Limited and 5 more, all in the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Mesha Ankit Shah ceased to be Director on 31 Jul 2021. Shivam Rajshekhar Shettar ceased to be Additional Director on 30 Sep 2019. Shivam Rajshekhar Shettar was appointed as Director on 04 Feb 2019. Varmd Impex India has 5 board changes on record in total.
Yes, Varmd Impex India is registered as an MSME under Udyam registration (number: UDYAM-GJ-01-0053310).
Varmd Impex India has 2 MSME Form 1 returns on record between 2019 and 2020, listing 25 overdue payments to 20 micro and small suppliers. The latest return was filed on 09 Oct 2020.
Varmd Impex India can be reached through the website varmd.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Varmd Impex India is at 4th Floor – A 406 Times Square Arcade – II Nr. Avalon Hotel Opp. Mann Party Plot, Bodakdev, Ahmedabad, Gujarat, India – 380059.
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